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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Financials, Trends

Norway’s sovereign fund cuts value of UK property portfolio after Brexit

Posted on 18 August 2016

World’s largest sovereign fund reduces portfolio value by 5% saying there are question marks as to what EU vote means. Norway’s $893bn (£687bn) sovereign wealth fund has cut the value of its UK property portfolio by 5% after Britain’s vote to leave the EU.
The world’s largest sovereign fund is one of Britain’s biggest foreign investors, owning shares in most top UK companies and $11bn in government bonds. It co-owns Regent Street, one of London’s premier shopping streets………………………………………..Full Article: Source


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